Tuesday, 3 January 2017

EPIC RESEARCH MCX COPPER UPDATE OF 3 JANUARY 2017

Copper trading range for the day is 374.1-382.1. Copper gains with sentiments slowly improving as increased in demand from China will leave the market tighter than previously expected Prices seen supported with sentiments slowly improving as increased in demand from China will leave the market tighter than previously expected. CFTC Copper speculative net positions dropped by 6.2K to 45.8K against 52.0K .